Investment
Features
FeesSafety
Academy
More
Pluang+

Strategy buys 250 BTC but spends 9x more on STRC share buybacks to cut dividend costs

Market News
13 Oct 2026
Dailycoin
View Source
Neutral
Strategy buys 250 BTC but spends 9x more on STRC share buybacks to cut dividend costs

Strategy, the largest corporate Bitcoin holder, bought 250 BTC at an average price of $86,194 between October 5-11, marking its fourth straight week of Bitcoin purchases. However, it spent $192.4 million repurchasing 1.93 million STRC preferred shares, nearly nine times more than on Bitcoin, aiming to reduce future dividend payments and increase financial flexibility. The company holds 848,250 BTC with an average cost basis of $75,444. This shift highlights that corporate Bitcoin buys alone don't signal bullishness; how companies manage financing and liabilities is equally important.

As of Oct 13, 2026 17:13 WIB, Bitcoin trades on Pluang at Rp1.494.482.309 with a slight 1-day increase of 0.06%. The market shows balanced activity with 50% sell and 50% buy orders, and typical holding periods average 111 days. This steady trading environment contrasts with the company's much larger expenditure on STRC buybacks compared to its Bitcoin purchases, highlighting different strategic priorities.

More News (BTC)

At least 73 large accounts increased crypto long positions by $292M on Oct 13, led by Bitcoin and Ether.

At least 73 large accounts increased crypto long positions by $292M on Oct 13, led by Bitcoin and Ether.

On October 13, at least 73 large accounts increased their long positions on Hyperliquid by over $1 million each, raising total estimated exposure by about $292 million. Bitcoin and Ether made up roughly 78.55% of this increase, with the rest spread a...

Market News
Bullish
4 hours ago
Open interest in major crypto futures drops as Bitcoin funding rate hits 8.6% annualized

Open interest in major crypto futures drops as Bitcoin funding rate hits 8.6% annualized

Open interest in perpetual futures for five major cryptocurrencies declined over 24 hours, led by Dogecoin (DOGE) which fell 13.69% to $208 million. Bitcoin (BTC) saw the highest funding rate at 8.6% annualized, indicating traders with long positions...

Technical Signals
Bearish
4 hours ago
Bitcoin rebounds from $81,000 to $83,700, showing strong buyer support at its 50-day average.

Bitcoin rebounds from $81,000 to $83,700, showing strong buyer support at its 50-day average.

Bitcoin briefly dropped to $81,000 due to a wave of stop-loss selling but quickly bounced back to around $83,700, defending its 50-day moving average. This level is important as it signals the medium-term trend, and buyers have shown resilience by su...

Technical Signals
Bullish
4 hours ago
Bitcoin price rebounds over 3% amid easing inflation fears and geopolitical optimism

Bitcoin price rebounds over 3% amid easing inflation fears and geopolitical optimism

Bitcoin's price surged more than 3% today, rising from around $81,000 to over $84,000. This rebound is driven by a combination of macroeconomic and technical factors, including easing global bond yields, falling oil prices, and optimistic geopolitica...

Market News
Bullish
5 hours ago
Bitcoin tests $81,000 support and $84,000 resistance amid a correction in a broader bull trend.

Bitcoin tests $81,000 support and $84,000 resistance amid a correction in a broader bull trend.

Bitcoin is currently testing a key support level near $81,000, aligned with its 400-day moving average, which has historically triggered quick rebounds. Resistance is observed around $84,000 at the 20-day moving average, with a potential breakout pos...

Technical Signals
Neutral
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App